To profit with purpose

The overarching mission is to profit with purpose by providing a specialised and experienced financing platform that will structure select investments to accelerate clean and sustainable energy infrastructure, energy and resource efficiency solutions (and related business models and services), and the supply chains that support them, which provide measured positive development outcomes for sub-Saharan Africa’s future.

AFPOC

AFPOC Limited brings significant development expertise in the wind and solar industry. Management of AFPOC comprises leading figures in the renewable energy sector both from South Africa and Australia. AFPOC Management have developed and operated a total installed wind energy capacity of 508MW.

AFPOC Limited co-owns African Clean Energy Developments (ACED) – a leading renewable energy developer in South Africa. The projects fall under the Department of Energy’s IPP Procurement Programme in South Africa. ACED is currently developing a portfolio of wind and solar photovoltaic projects across South Africa. The Cookhouse Wind Farm (138MW) has been permitted and has reached financial close with construction now having commenced, and is scheduled to reach commercial operations date in mid 2014.

Suzlon (one of the world’s largest wind turbine manufacturers based in India) will provide the engineering, procurement and construction contract for the project, as well as provide the ongoing operations and maintenance.

Evolution One Fund’s investment into AFPOC Limited offers financing options over the medium term of 1.8GW of advanced renewable energy pipeline.